S 648 · 94th Congress · Commerce

A bill to amend section 502 of the Small Business Investment Act of 1958 to provide for loans for plant acquisition, and for other purposes.

Introduced 1975-02-11· Sponsored by Sen. Curtis, Carl T. [R-NE]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1975-02-11)

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes the Small Business Administration to make loans for plant acquisition. States that loans made for the purpose of acquiring real property and constructing improvements thereon shall have a maturity of twenty years. Limits the maturity of other loans to 10 years.…

Summarized by Claude AI · Non-partisan · For informational purposes only